1. Understanding Your Property Taxes
9. FY 2025-26 BUDGET SUMMARY ALL FUNDS
CITY OF HALLANDALE BEACH Resident’s Guide to Fiscal Year 2025-26 Budget
What is TRIM? A Truth in Millage notice is the official Notice of Proposed Taxes. The TRIM notice details the ad-valorem rates and non-ad valorem assessments set by various taxing authorities. The City of Hallandale Beach adopts non-ad valorem tax fees on an annual basis. Why are local property taxes important? Local property taxes fund essential services that make our communities livable like police, fire rescue, clean water, and roads. These services are tailored to local needs and managed by leaders directly accountable to the people they serve. What is Save Our Homes? Save Our Homes is a voter-approved constitutional amendment designed to protect fulltime Florida Homeowners by limiting the annual increase of a homestead property assessed value for property tax at 3%. If you owned a home in Florida for more than 10 years, this is a large tax benefit.
3. Where Does Your City of Hallandale Beach General Fund Dollar Go?
CITY COMMISSION Mayor Joy Cooper Vice Mayor Michele Lazarow, Seat 4 Commissioner Mike Butler, Seat 1 Commissioner Joy D. Adams, Seat 2 Commissioner Anabelle Lima-Taub, Seat 3 CHARTER OFFICERS Dr. Jeremy Earle, City Manager/CRA Executive Director Jennifer Merino, City Attorney Jenorgen Guillen, City Clerk
2. Where Does Your County Tax County Dollar Go? Broward County Tax Collector is responsible for collecting Ad Valorem taxes and other taxes set at the local level, including special levying districts, state agencies, and County Commission. The below image is a depiction of what the average resident of the City of Hallandale Beach pays towards County taxes. Approximately 37% of taxes paid to fund public services by the average resident goes to the City of Hallandale Beach.
Police/Fire Rescue 47%
Payment to CRA 15%
Administration & Human Services 15%
What happens if we eliminate property taxes? Eliminating local property taxes won’t be a tax cut, instead this will be a shift in taxes. If property taxes are eliminated, there will need to be an increase in sales tax and/or new fees implemented to supplement the revenue property taxes once brought in. This will need to be done to continue to cover the cost for public safety (Police and Fire), parks, road maintenance and infrastructure, public schools, emergency medical services, clean water, etc.
Parks, Recreation, Open Spaces 5%
Sustainable Development 3%
Capital Projects & Other 12%
General Facilities 3%
General Facilities in the General Fund consists of Sustainability and Facilities. Capital Projects include projects such as, Wayfinding and Gateway Signs, Fuel Depot, city-wide cameras, city-wide replacement of existing damaged sidewalk addressing ADA deficiencies, etc. Other - Debt payments and set asides for capital projects, future equipment replacement needs, and general liability obligations Administration includes City Commission, City Manager, Procurement, Budget & Program Monitoring, City Attorney, Finance, Innovation Technology, Human Resources, City Clerk Payment to CRA – The Community Redevelopment Agency mission is to promote economic development and enhance the quality of life by eliminating and preventing blighted conditions through community partnerships. *56% of the General Fund budget is funded by property taxes.
4. Millage Trend and Adopted Millage for FY 2025-26 The City of Hallandale Beach has stayed true and committed to the promise made to the residents by making prudent financial planning, wise financial choices, and thoughtful investment strategies. Due to this, the City has been able to set the FY 2025-26 Millage to the rolled back rate, which is the millage rate that would provide the same amount of revenue as the previous year’s millage rate. This means that as a City of Hallandale Beach resident, you will not pay more in taxes, for the portion of your Tax Bill that is owed to the City of Hallandale Beach.
ADOPTED MILLAGE 8.2466
8.2466
7.5884 7.3848 2022/23
2023/24
2024/25
2025/26
To learn more information about Your TRIM Notice, scan the QR Code below with your mobile or tablet device, to visit Broward County Property Appraiser website.
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